The companies behind AI

5 of 42 companies

Company	As buyer	As provider	Largest stated value	Critical IT load	Capacity in GW
AlibabaAI lab, Cloud · CN · Public · NYSE: BABA	—Not tracked yet	—Not tracked yet	—Not tracked yet	—No capacity stated	—No capacity stated
DeepSeekAI lab · CN · Private	—Not tracked yet	—Not tracked yet	—Not tracked yet	—No capacity stated	—No capacity stated
MiniMaxAI lab · CN · Public · Listed in Hong Kong	—Not tracked yet	—Not tracked yet	—Not tracked yet	—No capacity stated	—No capacity stated
Moonshot AIAI lab · CN · Private	—Not tracked yet	—Not tracked yet	—Not tracked yet	—No capacity stated	—No capacity stated
Z.aiAI lab · CN · Public · Listed in Hong Kong	—Not tracked yet	—Not tracked yet	—Not tracked yet	—No capacity stated	—No capacity stated

* Equity raised in closed primary rounds Tokscale tracks, per currency. Excludes debt, secondary sales, Form D amounts and money already counted inside a later round. “—” means not tracked yet; it is never zero. Method →